Ace Oilchem Private Limited

Produces and sells various types of oils and greases for industrial and automotive use.

2007 | 24 Parganas, West Bengal (India) | Active
Last Updated: November 16, 2024

Ace Oilchem Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.61 M
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.20 M
  • Revenue Growth -67.72%
  • Profit Growth -2003.37%
  • Ebitda -1727.33%
  • Net Worth -396.43%
  • Total Assets -89.70%

About Ace Oilchem

Ace Oilchem Private Limited (AOPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 November 2007 and has a history of 17 years and two months. Its registered office is in 24 Parganas, West Bengal, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.61 M.

The company has closed loans amounting to ₹9.20 M, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Kushal Bajoria and Rajendra Bajoria serve as directors at the Company.

Company Details

  • Location

    24 Parganas, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24100WB2007PTC120327

  • Company No.

    120327

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Nov 2007

  • Date of AGM

    15 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Chemicals and Materials

What products or services does Ace Oilchem Private Limited offer?

Ace Oilchem Private Limited offers a wide range of products and services, including Air Conditioner Parts, Refrigeration Compressor Oil, Engine Oil, Four Stroke Engine Oil, Oils, Grease & Lubricants, Industrial Oils.

Who are the key members and board of directors at Ace Oilchem?

Board Members (2)

Name Designation Appointment Date Status
Kushal Bajoria Country flag representing In Director 13-Nov-2007 Current
Rajendra Bajoria Country flag representing In Director 13-Nov-2007 Current

Financial Performance of Ace Oilchem.

Ace Oilchem Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 67.72% decrease. The company also saw a substantial fall in profitability, with a 2003.37% decrease in profit. The company's net worth observed a substantial decline by a decrease of 396.43%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-67.72%
Revenue from Operations
-68.20%
Total Assets
-89.70%
Profit or Loss
-2003.37%
Net Worth
-396.43%
EBITDA
-1727.33%

What is the Ownership and Shareholding Structure of Ace Oilchem?

In 2023, Ace Oilchem had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹9.20 M

Charges Breakdown by Lending Institutions

  • Allahabad Bank : 0.60 Cr
  • State Bank Of India : 0.32 Cr

Latest Charge Details

Date Lender Amount Status
13 Oct 2009 Allahabad Bank ₹6.00 M Satisfied
24 Jun 2008 State Bank Of India ₹3.20 M Satisfied

How Many Employees Work at Ace Oilchem?

Unlock and access historical data on people associated with Ace Oilchem, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ace Oilchem, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ace Oilchem's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Ace Oilchem

Recent activity within the organization

  • Annual General Meeting

    Ace Oilchem Private Limited last Annual general meeting of members was held on 15 Sep 2024 as per latest MCA records.

    15 Sep 2024

  • Balance Sheet

    Ace Oilchem Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 13 Oct 2009 via Charge ID 10183110 with Allahabad Bank was fully satisfied on 23 Dec 2016.

    23 Dec 2016

  • Charges

    A charge registered on 24 Jun 2008 via Charge ID 10109959 with State Bank Of India was fully satisfied on 22 Oct 2009.

    22 Oct 2009

  • Charges

    A charge with Allahabad Bank amounted to Rs. 6.00 M with Charge ID 10183110 was registered on 13 Oct 2009.

    13 Oct 2009

  • Charges

    A charge with State Bank Of India amounted to Rs. 3.20 M with Charge ID 10109959 was registered on 24 Jun 2008.

    24 Jun 2008

Frequently asked questions

  • Ace Oilchem Private Limited was incorporated on 13 Nov 2007.

  • The authorized share capital of Ace Oilchem Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.61 M.

  • Currently 2 directors are associated with Ace Oilchem Private Limited.

    • Kushal Bajoria
    • Rajendra Prasad Bajoria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ace Oilchem Private Limited is Unit 2 24Th Floor Imagine Techpark Dp - 6 Sector 5, Salt Lake India, Saltlake, West Bengal, 700091.

  • The corporate identification number (CIN) of Ace Oilchem Private Limited is U24100WB2007PTC120327 and the company number is 120327 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ace Oilchem Private Limited is https://www.milex.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ace Oilchem Private Limited has fallen by -67.72%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ace Oilchem Private Limited has experienced an downturn of -396.43%.

  • The most recent Balance Sheet for Ace Oilchem Private Limited was filed with the ROC on 31 Mar 2024.